ANSWER WRITING GROUP (AWG) 2019
ForumIAS AWG 2019 Entrance Exam will be held on 8th June | 9 AM.   CLICK HERE to know more and apply.
Ethics+ Batch 2 for CSE 2019
Starts 12th June, 2019Register Here
COMPREHENSIVE GUIDANCE PROGRAM 2020
ForumIAS CGP 2020 Program commences from May 15th, 2019. CLICK HERE to know more and apply. Or email us on admissions@forumias.academy to know more
We are hiring!

What is Fiscal Discipline? Can anyone simplify it?

Please help. What is Fiscal Discipline? Can anyone simplify it?
Just wait and watch...

Comments

  • Fiscal policy of govt sometimes is designed to maintain fiscal position of an economy in such a way that it promotes macroeconomic stability, pursue economic objectives, undertakes calibrated spending decisions and works at improving economic performance of the country by avoiding excessive borrowing , debt accumulation and reducing external vulnerabilities.This is only fiscal discipline. Just like for ex, if you have small salary and lot of responisbility towards your house and family, how will you spend your money? With discipline na? That is only your Fiscal discipline in a rough way.

    When in an economy too much money is spent on pursuing short term goals it affects fiscal health of country. Fiscal discipline takes into account long term goals and objectives.

    Thanks Brother.
    Just wait and watch...
Sign In or Join to comment.
Success Stories from Our Toppers
Minal Karanwal(AIR-35)- CSE 2018
Naveen Reddy(AIR-1)- IFoS 2018
Arushi Mishra(AIR-2) - IFoS 2018
Chirag Jain(AIR-10) - IFoS 2018
Kshitij Saxena(AIR-22) - IFoS 2018
Sumit Rai (AIR-54) - CSE 2018
Anuraj Jain (AIR-24) - CSE 2018

Must Read Articles From Blog
Trend Analysis of UPSC CSE Prelims from 2011-18
How Yo_Yo_Choti_Singh Improved His Writing Speed
How to clear Civil Services with a TOP Rank and AVOID exhausting attempts

Welcome!

We are a secret self-moderated community for Civil Services preparation. Feel free to join, start a discussion, answer a question or just to say Thank you.

Just dont spread the word ;)

Sign in or join with Facebook or Google